Question 11 of 20 View Policies Current Attempt in Progress -15 E On January 1, a machine with a useful life of five years and a residual value of $29900 was purchased for $91000. What is the depreciation expense for year 2 under the double-declining-balance method of depreciation? O $29200 O $17680 O $21840 O $36400 Save for Later Attempts: 0 of 1 used Submit Answer